Features
Asia’s Renewable Energy Leaders and Laggards in 2024
The International Energy Agency's (IEA) Renewables 2024, published in early October, reveals Asia’s renewable energy leaders and laggards.
How the 2024 US Presidential Election Might Change America’s Climate Policy
On Nov. 5, US voters will elect Kamala Harris or Donald Trump as their next president. Aside from the global geopolitical stage, the outcome will also significantly impact the world's decarbonisation journey, the prospects of achieving Paris Agreement goals and the efforts to tame the climate crisis.
Indonesia’s Energy Policy Under The New President Prabowo Subianto
Environmentalists, human rights activists, and energy market analysts are wary of Prabowo Subianto's appointment as Indonesia's new president. However, the leader can prove them wrong in what would be a huge boost for Indonesia's and the global decarbonisation and sustainability efforts.
The State of Fossil Fuel Funding in 2024: The Biggest Corporate and State Backers
While unbearable heatwaves, catastrophic floods, and other devastating climate impacts are multiplying in frequency and severity, experts reveal that the top 60 largest private banks have provided USD 6.9 trillion to fossil fuels since the Paris Agreement.
What to Expect From COP29 in Azerbaijan?
The mounting climate disasters are an alarming sign that there is no time for another wasted COP. So far, the signs from the host and the parties' discourse on crucial topics indicate this is easier said than done.
Bangladesh’s Fossil Fuel Misadventure Offers Sobering Lessons on What Not To Do For a Proper Energy Transition
Bangladesh is focused on tackling essential socio-economic challenges following its recent political transition. Dr Khondaker Golam Moazzem, the Research Director at the Centre for Policy Dialogue (CPD), shares his thoughts on how Bangladesh’s power and energy sector's trajectory is far off course and calls for proactively transitioning to cleaner energy sources.
Over One-third of AZEC Agreements Support Fossil Fuels, Risking High Emissions and Future Costs for Southeast Asia
Launched by Japan in March 2023, AZEC is a diplomatic initiative with eleven Southeast Asian countries and Australia to advance cooperation in Asia towards carbon neutrality and a platform for joint investment to develop zero-emission technologies across the region. However, according to Zero Carbon Analytics’ analysis, over one-third of those MoUs will promote fossil fuels or technologies that will prolong fossil fuels.
Laos’ Net-zero 2050: Renewable Power Generation Challenges and Opportunities
ASEAN member Laos has plans to increase renewable energy in its power mix, notably solar power buildout. However, it continues to rely on hydropower and coal-fired power plants to generate electricity, complicating both its way forward and decarbonisation plans.
Japan’s Overseas Oil and Gas Financing Threatens the Global Energy Transition
A new report by the South Korea-based think tank Solutions for Our Climate (SFOC), “Billions Off Course: Japan’s Oil and Gas Financing Fueling the Climate Crisis,” provides a detailed look at Japan's persistent overseas oil and gas financing.
Green Steel: Powering The Low-carbon Economy
Green steel is produced without fossil fuels and has significantly lower emissions than traditional steel. The IEA sees green steel development as a critical step in global decarbonisation and for companies that rely on steel throughout their supply chains.
Steel Decarbonisation: A Pathway To Development
Decarbonising the steel industry is necessary for global climate goals and hinges on scaling up low-emissions production technologies, like renewable energy-powered EAFs and green hydrogen. An improved policy framework and industry support are critical for this shift.
The Carbon Footprint of Steel: Decarbonisation Is Critical
The steel industry contributes nearly 8% of global CO2 emissions, making it crucial to decarbonise to achieve global climate goals. Adopting an array of strategies from use of electric arc furnaces to green hydrogen are key strategies to lower the industry's carbon footprint.
Solar 53% Cheaper than Fossil Fuels in Malaysia
Malaysia has solid renewable energy market fundamentals and, according to the IEA, hosts low investment risks for project investors. The country is just a step away from unlocking the advantages of the clean energy transition but the government needs policy reforms and more ambitious climate goals.
The Challenges of Financing Renewable Energy Projects in the Philippines
The Philippines has made progress in developing more renewable energy projects for its power sector. However, domestic banks need to streamline the process to bring more projects online and level the playing field between projects backed by politically connected corporate interests and smaller investors without the advantages of political and corporate backing.
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